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Bitcoin rose above $45,000 on Tuesday for the first time since April 2022 as the world's biggest and best-known cryptocurrency started 2024 with a bang buoyed by optimism around possible approval of exchange-traded spot bitcoin funds.
Bitcoin touched a 21-month peak of $45,488, having gained 154% last year in the strongest performance since 2020. It was last up 2.6% at $45,344 but remains far off the record high of $69,000 it touched in November 2021.
Ether, the coin linked to the ethereum blockchain network, was 1% higher at $2,376 on Tuesday.
#the market bounces back hugely. BTC breaks out $45000